Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Showing posts with label Yanis Varoufakis. Show all posts
Showing posts with label Yanis Varoufakis. Show all posts
August 02, 2026
July 28, 2026
Yanis Varoufakis: Capitalism Does NOT Celebrate Competition; It Trends towards Monopoly
Labels:
capitalism,
Yanis Varoufakis
July 27, 2026
November 29, 2025
July 30, 2025
January 15, 2025
"China Will Destroy the USA" – Yanis Varoufakis
Labels:
China,
Greece,
USA,
Yanis Varoufakis
November 13, 2024
Trump Wants to 'Aggressively' Spread Brexit throughout Europe | Yanis Varoufakis
Nov 13, 2024 | “He has an agenda…He wants to make Brexit spread all over the European continent.”
Trump will apply “aggressive actions” to the European Union as he sees it as “a clear present danger to the United States”, says former Greek finance minister Yanis Varoufakis.
Trump will apply “aggressive actions” to the European Union as he sees it as “a clear present danger to the United States”, says former Greek finance minister Yanis Varoufakis.
October 03, 2023
Capitalism Is Over and ‘Social Democracy Is Finished’ | Yanis Varoufakis
October 01, 2022
Trickle-down Truss Is Carrying On the dirty Work of Thatcher, Blair and Osborne
THE GUARDIAN: Britain has endured 40 years of decline thanks to this faulty economic theory. Will Keir Starmer finally kill it off?
If Kwasi Kwarteng’s mini-budget survives the storm it triggered, a banker on a million-pound annual salary stands to receive £50,000 of income tax relief – on top of the extra bonuses the bank can throw in, now that the Liz Truss government has removed the cap on them. Meanwhile, a Deliveroo rider gets a pep talk on the emancipatory value of aspiring to be wealthy, presumably as an incentive to pedal harder. This is the gist of the government’s growth strategy or, according to former Brexit minister David Frost, its antidote to stagnation and defeatism.
While it’s tempting to draw the obvious analogy between zombie ideas such as the trickle-down growth effect, and the classic Hollywood horror film Night of the Living Dead, a more appropriate response to the seriousness of the situation is to follow the banker’s extra cash. The government claims the banker will invest it, thus promoting growth. If it were not a blatant lie, it might have passed as a touching example of unfounded faith. But unlike Adam Smith’s bakers, butchers and brewers, who would invest any spare cash into better and more bread, ale and meat, the banker will buy into some fund that will, in turn, purchase shares, derivatives and bonds.
These recipients of the banker’s extra money have a long track record of not investing in actual productive capacity. Why would they, when the masses out there can’t afford to buy new, high-value products? … » | Yanis Varoufakis * | Saturday, October 1, 2022
* Yanis Varoufakis is the leader of MeRA25 in Greece’s parliament, a former finance minister of Greece, and author of Another Now
If Kwasi Kwarteng’s mini-budget survives the storm it triggered, a banker on a million-pound annual salary stands to receive £50,000 of income tax relief – on top of the extra bonuses the bank can throw in, now that the Liz Truss government has removed the cap on them. Meanwhile, a Deliveroo rider gets a pep talk on the emancipatory value of aspiring to be wealthy, presumably as an incentive to pedal harder. This is the gist of the government’s growth strategy or, according to former Brexit minister David Frost, its antidote to stagnation and defeatism.
While it’s tempting to draw the obvious analogy between zombie ideas such as the trickle-down growth effect, and the classic Hollywood horror film Night of the Living Dead, a more appropriate response to the seriousness of the situation is to follow the banker’s extra cash. The government claims the banker will invest it, thus promoting growth. If it were not a blatant lie, it might have passed as a touching example of unfounded faith. But unlike Adam Smith’s bakers, butchers and brewers, who would invest any spare cash into better and more bread, ale and meat, the banker will buy into some fund that will, in turn, purchase shares, derivatives and bonds.
These recipients of the banker’s extra money have a long track record of not investing in actual productive capacity. Why would they, when the masses out there can’t afford to buy new, high-value products? … » | Yanis Varoufakis * | Saturday, October 1, 2022
* Yanis Varoufakis is the leader of MeRA25 in Greece’s parliament, a former finance minister of Greece, and author of Another Now
April 08, 2021
Yanis Varoufakis: Capitalism Has Become 'Techno-feudalism' | UpFront
A recent Oxfam study found that since the start of the coronavirus pandemic, the world’s richest 10 billionaires have seen a wealth increase of half a trillion dollars – enough to pay for every person on the planet to get a vaccine.
In this UpFront special, Marc Lamont Hill discusses with economist and former Greek Finance Minister Yanis Varoufakis what is driving the staggering wealth inequalities and how governments are offering socialism for the rich, and austerity for the rest.
In this UpFront special, Marc Lamont Hill discusses with economist and former Greek Finance Minister Yanis Varoufakis what is driving the staggering wealth inequalities and how governments are offering socialism for the rich, and austerity for the rest.
Labels:
capitalism,
Yanis Varoufakis
May 10, 2019
Can Yanis Varoufakis Save Europe?
THE GUARDIAN: Varoufakis draws fire over run for German EU elections seat » | Philip Oltermann in Berlin | Friday, May 10, 2019
Labels:
DiEM25,
EU,
Europe,
Yanis Varoufakis
July 01, 2018
Yanis Varoufakis: Deutschland tritt aus dem Euro aus, wenn ... | Mission Money
Labels:
D-Mark,
Deutschland,
euro,
Eurozone,
Yanis Varoufakis
May 23, 2018
Yanis Varoufakis - Internationalism vs. Globalisation
Yanis Varoufakis: Basic Income Is a Necessity
May 18, 2018
Yanis Varoufakis: Is Capitalism Devouring Democracy?
Labels:
capitalism,
democracy,
Yanis Varoufakis
Yanis Varoufakis Against Amazon - Standing Up To The Tech Giants
Labels:
Amazon,
tech giants,
Yanis Varoufakis
December 04, 2017
Yanis Varoufakis on Brexit Negotiations, Ireland, Greece
Labels:
Brexit,
Brexit negotiations,
EU,
Greece,
Ireland,
Yanis Varoufakis
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